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by Mike Zazaian September 20, 2006 - 10:52pm, No Comments

LG has been the last hope for consumers waiting for an HD-DVD and Blu-ray hybrid player, but a recent announcement from the company has likely made that wait a great deal longer.

While most major manufacturers had dismissed any rumors of an HD-DVD/Blu-ray hybrid, Korean electronics producer LG held out on their dismissal. That is, until today.

With both next-gen media formats so early in their youths, the cost of producing such a device would be monumental. With commercial HD-DVD players retailing for around $500 US and Blu-ray players running about twice that, a combination of the two would likely carry an MSRP close to $1,500 US, a price point that’s scary for producers and consumers alike.

We have had discussions about having such a device, but there are no official plans at the moment, said John Taylor, a U.S. spokesman for LG. The product in question was never really fleshed out in a lot of detail publicly.

[via cnet]